Tag: bitcoin holds key levels amid market uncertainty bitcoin

Bitcoin (BTC) Price Today: BTC Tests $98K Resistance as Hidden Bullish Divergences Hint at $107K Corrective Bounce

The post Bitcoin is closely eyeing $98K resistance while holding key $90K support, as technical indicators reveal that recent moves toward $107K are still corrections. Hidden bullish divergences on RSI, MACD, and Stochastics suggest potential short-term strength, but on-chain data and market structure point to caution. Traders and investors are monitoring these critical levels to gauge Bitcoin’s next move in an increasingly volatile market. Bitcoin Holds Key Levels Amid Market Uncertainty Bitcoin (BTC) is trading near $95,000 as of November 17, 2025, following a 25% pullback from its October all-time high of around $130,000. Historically, Bitcoin has experienced similar 20-30% retracements in post-halving cycles before resuming trend acceleration, as seen in 2017 and 2020. The current consolidation resembles those previous ranges, signaling a period of careful observation rather than panic. Bitcoin remains in a no-trade zone, eyeing $98K resistance or risking a drop to $90K support.” This reflects the need for traders to wait for clear signals before taking positions. Technical Indicators Signal Caution Several technical factors suggest Bitcoin may encounter heightened volatility. The daily chart shows an approaching “death cross,” a pattern in which the 50-day moving average crosses below the 200-day moving average. While this historically signals momentum loss and potential 20-30% corrections, bull-market cycles can sometimes produce false signals, requiring additional context. Bitcoin’s moves toward $107K remain corrective, with cautious momentum as USDT dominance rises and $90. 5K support holds critical risk levels.